Contemporary international finance and East Asian economic integration
Essay - 12 pages - Economy general
The “Current Account crisis” is a particular type of external debt crisis that affects mostly low-income developing countries. It is characterized by a huge deficit in the current account balance which provokes a Balance of payments deficit and a currency crisis. A current account...
Microeconomics, main concepts for an economy study: capital formation, production, consumption, employment, credit multiplier, money demand, money supply, prime rate, Keynesian transmission mechanism, exports, imports and government expenditures
Essay - 7 pages - Economy general
Financial investment and interest rates have a positive relationship. Financial investment represents investment in bonds or shares or money saving in the bank. If the interest rate increases, the return of investment will be better. You will get more return on shares (or bonds) and earn more...
Bretton Woods Institutions (IMF and World Bank): history and modern situation
Essay - 12 pages - Economy general
To go out of the chaos caused by World War 2, countries had to set up new institutions liable to restore a stable and durable international order. This reconstruction was led by the United States of America and its allies. From 1941, in the Atlantic chart, the allies wanted to affirm again the...
The role of trade in the economic development of Eastern Asia
Essay - 5 pages - Economy general
At the end of the last century, Hong Kong, Singapore, Taiwan and South Korea attained higher rates of economic growth than other developing countries. It could be because of a close correlation between export expansion and economic growth, but are they automatically associated? What is the...
Brazil as an emerging market and the importance of Foreign Direct Investment (FDI)
Essay - 5 pages - Economy general
With its free market and export-oriented economy, the Federal Republic of Brazil is currently the leading economic power in Latin America as well as a strong regional leader. The country is nowadays attracting many foreign direct investment (FDI) inflows thanks to efficient macroeconomic reforms...
Distinguish between equilibrium and cyclic unemployment, and outline the private and social costs associated with each type
Essay - 4 pages - Economy general
Unemployment is seen as a plague in many countries. Plus, we are often told about how to tackle it and given some figures spelling the number of unemployed people. But what does this really mean? Governments do not tell much about unemployment's features and the real consequences it entails....
The role of e-commerce within the global economy
Essay - 3 pages - Economy general
Nowadays, the business world is driven by two economic trends: globalization and the adoption of information technologies. Those changes are entirely linked. “Technology is both driven by and a driver of globalization, as both forces continually reinforce one another” (Bradley et al.,...
Failure of Social Security
Essay - 6 pages - Economy general
Since the era of what is known as Reaganomics, this country's social security has been in jeopardy for some time. Our forefathers wanted our government to be able to aid in the comfort of our golden years. This generation of baby boomers may be the last ones to benefit from our founding fathers...
The hospitality industry
Essay - 6 pages - Economy general
In today's highly competitive business environment, budget orientated planning is insufficient for a large corporation to survive and prosper. Indeed, rapid-paced changes in trade, technology and investment patterns are elements that are impacting each business in one way or another. That is...
Financial markets in Emerging Economies: Comparison with developed economies
Essay - 12 pages - Economy general
The financial markets of emerging economies have seen a huge growth in the last few years. These markets are attracting large investments from the developed world, especially because of higher expected return. At the same time; investments in emerging markets are considered to be riskier than the...
Anti-dumping: A growing problem in international trade
Essay - 13 pages - Economy general
Since the signing of the General Agreement on Tariffs and Trade (GATT) in 1947, free trade has been widely adopted and has enabled countries to enjoy prosperity. It was aimed to foster free trade by reducing tariffs and by settling an international mechanism to solve international trade disputes....
Is the Lisbon strategy an unattainable project?
Essay - 8 pages - Economy general
In March 2000, the European Union Heads of States and Governments met at the European council of Lisbon. This statement was the basis to what is called the “Lisbon strategy” or “Lisbon process/agenda”, a politic but mostly economic development plan for the members States of...
The Chinese century, the rising economy and its impact on the global economy, the balance of power, and your job, Oded SHENKAR, 2005
Essay - 7 pages - Economy general
China is at the heart of the present-day economic debate. China is indisputably booming economically. Its enormous growth rate attests of this evolution; all economists agree on this assertion. What seems more debatable at the moment is the impact this rise could have on the global economy, and...
Discuss PPP, its theoretical perspectives and empirical evidence
Essay - 4 pages - Economy general
In an international and globalize environment such as the national economies are growing in, it is hard to measure and evaluate the performances of each one in comparison with the others. Indeed, currencies are different all around the world and to what we can or cannot afford or in a foreign...
Co-economic climate in Japan
Essay - 7 pages - Economy general
For this economic coursework we have chosen to speak about Japan. We think that Japan is a really interesting country to speak about because of its economy which is one of the greatest in the world nowadays. The economy experienced a major slowdown starting in the 1990s following three decades of...
Multinationals, Asian success and the global economy
Essay - 5 pages - Economy general
For more than thirty years, Asian countries have known an amazing period of growth, and have now a real and consequent influence on the economic world. However, these countries, like all other developing countries have to face the problem of funding resources in order to develop their economic...
Fair trade in Europe: overview and perspectives
Essay - 36 pages - Economy general
Fair trade is a movement born after the Globalization. It's a consequence of the growth of exchanges. To develop their economy, countries have been forced to trade with their neighbors and the territories around them, etc…Finally countries have abolished their barriers and established...
The protected designation of origin
Essay - 7 pages - Economy general
The concepts of free movement of goods and competition are enshrined in European Union law. However, it is possible to seek to obtain a “protected designation of origin” (PDO) for certain goods. Once obtained the PDO does indeed protect the specified goods from elements of competition....
Are regionalism and globalisation compatible or contradictory trends?
Essay - 5 pages - Economy general
Nowadays, it is paradoxical to see the development, in a global world, of several types of regions. This process began after the Second World War, with the development of the international trade flows between economies. The creation in 1957 of the European Economic Community, by the Treaty of...
The foreign direct investments in Canada (2007)
Essay - 9 pages - Economy general
Multinational enterprises (MNEs) interact in the global market, creating lots of jobs all around the world. Foreign Direct Investments (FDI) is the way by which they interact, investing abroad until representing the largest source of external finance for developing countries for instance (United...
The increase of power in China and India
Essay - 6 pages - Economy general
Globalization is the increased mobility of goods, services, labour, technology and capital throughout the world. This process has speeded up over the years, especially with the growth of new information and communication technologies. Through these changes, we can see the growth of emerging...
Is today's globalization different from globalization a hundred years ago?
Essay - 6 pages - Economy general
Michael D. Bordo, Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University, says, in Globalization in Historical Perspective (2002), says “globalization has become a buzzword of the new millennium”. Indeed the term globalization is now...
The objectives of the macroeconomics policy critical and assessment in the South African economy
Essay - 5 pages - Economy general
Although South Africa is regarded as an “economic powerhouse” in Africa and has a strong modern industrial and financial base, it faces severe developmental challenges: poverty, high level of inequality, unemployment…” (Fourie and Burger 2003: 4). The Human Development Index...
France's balance of payments analysis
Essay - 2 pages - Economy general
We are going to focus here on the latest France's balance of payments. The document used is mainly the balance of 2006 which was published on June 19th 2007, but will the previous years will also be useful to define the trend, and especially the 2005 balance because some information are not...
Evaluate the evolution of the world trade system
Essay - 7 pages - Economy general
Before the creation of a world trade system in 1947, the countries had protectionist economic policies or preferential trade agreements for the Empires as the one of Britain and France. In the 1930s, these policies clearly showed their limits with the economic depression and the World War II. As...
From Washington to Post-Washington Consensus: A Global Analysis
Essay - 9 pages - Economy general
During the 90s the Washington Consensus was the most popular economic framework used not only by Latin America but by countries all around the world. As Naim (2000) expresses, the term Washington Consensus soon acquired a life of its own, becoming a brand name known worldwide and used...
Despite its oil wealth, account for the instability of the Persian Gulf region
Essay - 5 pages - Economy general
The Persian Gulf region is known for being a very important area in terms of geopolitics. It holds up to 57% of the world's crude oil reserves and produces 27% of the global oil.Useless to say how vital to the world energy supply this region is and how extreme the tensions generated by this...
The Quality Concept
Essay - 5 pages - Economy general
The quality concept in an industrial sense was first seen in Japan after WW2. In a ruined country, American economists settled an action plan to rebuild the entire economy system. Their first task was to define this notion. For Juran, "quality is the aptitude to employ" and For Crosby, "the...
The Monterrey Consensus The Conference on Financing for Development
Essay - 3 pages - Economy general
The International Conference on Financing for Development (FfD) took place between the 18 and 22 of March 2002 in Monterrey, Mexico. More than 170 countries adopted a commitment designed to “eradicate poverty, achieve sustained economic growth and promote sustainable development” in the...
"How should we define globalization?"
Essay - 4 pages - Economy general
Defining the concept of globalization is very controversial and much disputed among economists, sociologists and political observers. There is no single concept of globalization, and commentators are unable to agree on the empirical evidence for its extent. These divisions are, however,...
